KKR: takes majority stake in India's HCG
(CercleFinance.com) - KKR announces that it has signed definitive agreements to acquire a majority stake in Healthcare Global Enterprises (HCG), a leading Indian healthcare company, by acquiring up to 54% of the shares from CVC Asia V at a price of INR 445 per share.
Following a tender offer in accordance with Indian regulations, KKR will hold between 54% and 77% of HCG's share capital.
Dr BS Ajaikumar, founder of HCG, will become non-executive Chairman, focusing on clinical, academic and R&D excellence.
Founded in 1989, HCG is one of India's largest oncology hospital networks, with 25 medical centers in 19 cities.
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Following a tender offer in accordance with Indian regulations, KKR will hold between 54% and 77% of HCG's share capital.
Dr BS Ajaikumar, founder of HCG, will become non-executive Chairman, focusing on clinical, academic and R&D excellence.
Founded in 1989, HCG is one of India's largest oncology hospital networks, with 25 medical centers in 19 cities.
Copyright (c) 2025 CercleFinance.com. All rights reserved.